NASDAQ:PENN - Penn National Gaming Stock Price, News & Analysis

$18.48
+0.24 (+1.32 %)
(As of 08/22/2019 02:38 PM ET)
Today's Range
$18.11
Now: $18.48
$18.5350
50-Day Range
$16.83
MA: $18.60
$19.68
52-Week Range
$16.72
Now: $18.48
$35.36
Volume624,254 shs
Average Volume2.09 million shs
Market Capitalization$2.14 billion
P/E Ratio19.87
Dividend YieldN/A
Beta1.73
Penn National Gaming, Inc owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. As of December 31, 2018, it owned, managed, or had ownership interests in 40 facilities in 18 jurisdictions. The company was formerly known as PNRC Corp. Read More…

Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.59 billion
Cash Flow$3.1375 per share
Book Value$16.33 per share

Profitability

Net Income$93.51 million

Miscellaneous

Employees25,750
Market Cap$2.14 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming announced that its Board of Directors has authorized a share buyback program on Wednesday, January 9th 2019, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 7.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) announced its quarterly earnings data on Thursday, August, 1st. The company reported $0.44 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.10. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Penn National Gaming had a return on equity of 7.61% and a net margin of 1.90%. The company's quarterly revenue was up 60.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 EPS. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Penn National Gaming.

What guidance has Penn National Gaming issued on next quarter's earnings?

Penn National Gaming issued an update on its FY 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $1.57-1.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.43. The company issued revenue guidance of $5.338-5.338 billion, compared to the consensus revenue estimate of $5.31 billion.

What price target have analysts set for PENN?

8 brokers have issued 12 month price objectives for Penn National Gaming's shares. Their predictions range from $24.17 to $37.00. On average, they expect Penn National Gaming's stock price to reach $29.0243 in the next year. This suggests a possible upside of 57.1% from the stock's current price. View Analyst Price Targets for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

News headlines about PENN stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Penn National Gaming earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Penn National Gaming.

Who are some of Penn National Gaming's key competitors?

What other stocks do shareholders of Penn National Gaming own?

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 60)
  • Mr. Jay A. Snowden, Pres & COO (Age 43)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 56)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Ms. Christine LaBombard, Sr. VP & Chief Accounting Officer (Age 49)

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.67%), Vanguard Group Inc. (8.83%), Bamco Inc. NY (7.38%), Invesco Ltd. (4.65%), Nuveen Asset Management LLC (4.34%) and Eagle Asset Management Inc. (2.83%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, David A Handler, Jane Scaccetti, Jay A Snowden, Peter M Carlino, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair. View Institutional Ownership Trends for Penn National Gaming.

Which major investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Prudential Financial Inc., Jane Street Group LLC, Man Group plc, Vanguard Group Inc., Bank of New York Mellon Corp, BlackRock Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Penn National Gaming.

Which major investors are buying Penn National Gaming stock?

PENN stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Balyasny Asset Management LLC, Victory Capital Management Inc., Jennison Associates LLC, Jennison Associates LLC, Bamco Inc. NY and Price T Rowe Associates Inc. MD. Company insiders that have bought Penn National Gaming stock in the last two years include David A Handler, Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $18.48.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $2.14 billion and generates $3.59 billion in revenue each year. The company earns $93.51 million in net income (profit) each year or $0.93 on an earnings per share basis. Penn National Gaming employs 25,750 workers across the globe.View Additional Information About Penn National Gaming.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is http://www.pngaming.com/.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  582 (Vote Outperform)
Underperform Votes:  461 (Vote Underperform)
Total Votes:  1,043
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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